Bosch is officially opening the third production facility in Cluj, within the factorywhere electronic control units for electric vehicles are produced. The investment for the 34,500 sq m facility amounted to 55 million euros, says the German company. The factory was opened eight years ago and the total investments totaled over 450 million euros. The new building has a total built area of 34,500 square meters. The factory in Cluj currently employs over 3,100 people and this number is expected to increase. At its plant in Cluj, Bosch has been producing electronic control units since 2013, such as airbag units, multiple camera systems, driving assistance and electronic control units for eBike. The total investment, since the factory opened in 2013, amounts to over 465 million euros. The Bosch Group has a production unit in Cluj, a development center that also works in the field of autonomous cars, in Blaj it has two production units for linear technology and one dedicated to the automotive industry, and in Timi?oara there is a communication center. Bucharest is home to a distribution company for power tools, heating systems, security, safety and communications systems, as well as car equipment. In addition, BSH Bosch und Siemens Hausgerate GmbH has a branch in the Capital.
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
Romanian president Nicușor Dan is scheduled to be in the United Kingdom on Tuesday and Wednesday, December 16-17, to meet with representatives of the business environment and the Romanian community. On the first day, the head of state will hold meetings with Romanian representatives from the business environment in the UK, as well as with […]
More than 300,000 older people living in Romania’s urban areas are expected to spend Christmas alone, according to data cited by the NGO Niciodată Singur – Friends of the Elderly, which recently launched its annual holiday campaign aimed at tackling loneliness among seniors. The initiative, titled “Be the Carol That Breaks the Silence,” is based […]
The Romanian Senate adopted a simple motion initiated against environment minister Diana Buzoianu on Monday, December 15. The motion passed after the Social Democratic Party (PSD), the largest party in the governing coalition, joined the far-right opposition party AUR in the initiative. The vote for the simple motion was carried after a no-confidence motion filed […]
Romanian farmers are set to benefit from improved access to financing following a EUR 25 million loan granted by the European Investment Bank (EIB) to Agricover Credit IFN SA, aimed at supporting micro agricultural businesses across the country. The funding will be provided under the InvestEU mandate and is intended to boost productivity and promote […]
Romanians rank among the most satisfied homeowners in Europe, but rising housing-related costs continue to put significant pressure on household budgets, according to the RE/MAX European Housing Trend Report 2025. The study showed that 81% of Romanians are happy with their living situation, above the European average of 77%, while 83% live in owner-occupied properties, […]
